#bowleven

Cameroun : Bowleven nomme un nouveau président

Bowleven, société d’exploration pétrolière et gazière axée sur l’Afrique, qui travaille à la mise en ligne du champ de condensats de gaz d’Etinde, au large du Cameroun, a nommé Jack Arnoff en tant que président non exécutif avec effet immédiat. Arnoff est actuellement directeur non exécutif de Bowleven. Commentant cette nomination, Jack Arnoff, président de Bowleven, a déclaré: “Ayant rejoint le…

Cameroon: Bowleven completes second drilling on Etinde permit, ahead of schedule – Business in Cameroon

This article was originally posted in Business in Cameroon [ad_1]

(Business in Cameroon) – British oil and gas company Bowleven announced October 18 it has completed the drilling of a second well named IE-4 on its 2,316-km² Etinde permit, offshore Cameroon.

This operation announced, early September, to last 90 days was finally completed faster than expected (just over a month). Work was…

Adamantine Energy, Bowleven Lose Kenya’s Block 11B

Kenya’s Block 11B operator Adamantine Energy and joint venture partner Bowleven will not be receiving an extension on their license according to commissioner for petroleum Ministry of Energy and Petroleum Martin Heya.

Speaking to OiNews Kenya the commissioner without elaborating why said the license is now vacant after expiringin June 2016 and will be up for auction once the country advertises…

Adamantine Energy Kenya’s Block 11B License Expires

A PSC between Block 11B operator Adamantine Energy and the Republic of Kenya signed in June 2012 has expired with no word of any license extensions or renewal although a JV partnership also involving Bowleven and first oil was unable to complete the initial minimum work programme.

The JV partnership had earlier been awarded a one year license extensionto enable evaluation ahead of second phase…

Bowleven Farmout in Tanzania’s Ruvuma PSA Terminated

Ruvuma PSA operator Aminex has advised that the proposed disposal of a 25% interest in the Kiliwani North Development Licence and a 50% interest in the Ruvuma PSA to Bowleven PLC, announced to shareholders on 19 November 2015, will not proceed.

This follows a failure by the involved parties (Aminex, its lender, the Tanzanian authorities and Solo Oil plc) to agree on a forward work programme.

“In…

Aminex signs Gas Sales Agreement with Tanzania Government

Aminex is set to start first production in Africa following reports that it has executed a fully-termed Gas Sales Agreement (GSA) with the Tanzania Petroleum Development Corporation (TPDC) for its Kiliwani North gas field.

Highlights of the Gas Sales Agreement include:

Take-or-pay depletion contract with gas revenues payable in US Dollars;

Initial gas price of US$3.00 per mmbtu (approximately…

Aminex Announces Part Disposal And Farm Out Of Tanzanian Assets

Aminex has announced that it has reached an agreement with Bowleven plc for part disposal and farm out of its Tanzanian assets. Terms of the Bowleven Agreement include the disposal by Aminex of a 25% interest in the Kiliwani North Development Licence (KNDL) and farming into the Ruvuma PSA, including the Ntorya appraisal programme, for a 50% gross interest.

Under an inter-conditional agreement…

Adamantine Energy seeks 15 month extension in Kenya’s Block 11B

Adamantine, operator of block 11B, has advised that they have applied to the Kenyan authorities for a 15 month extension to allow for the acquisition, processing and evaluation of 2D seismic.

This follows delayed commencement of seismic operations due to logistical issues as well as security concerns.

Given the above concerns Adamantine says that the programme will be unable to be completed prior…